I have a client who has only recently came to me who didn't keep his tax affairs in order. Upon checking the self assessment account the individual owes circa £200k and I can see their was an enquiry opened at the time which I am currently not aware of what this was regarding.
The client wants to get his tax affairs in order and wishes to make an agreement with HMRC going forward to repay the amount owed.
I highgly doubt the indivudal would be able to pay the amounts owed in the next 10 years never mind a 12 monthly arrangment as they haven't been working for the past few years due to personal reasons.
Has anyone any experience of what HMRC will agree to pay going forward?
Thanks in advance.